Analysts’ Viewpoint on Europe Silicone Rubber Market Scenario
Several multinational companies have already started re-evaluating their supply chains and are in the process of shuffling their supply chains to reduce concentration in a handful of countries during the coronavirus crisis. However, stringent regulations by the EU and CES is compelling manufacturers to adopt good manufacturing practices (GMP) to stay relevant in the Europe silicone rubber market. Manufacturers should diversify their output capacities in electronics, aerospace, and medical industries to solve end-user problems for demanding applications that require high-performance silicone rubber products. Silicone rubber offers a wide range of flexible options, right from precise silicone profiles to large portions that may be applied to glass, steel, and plastics. Residential construction has been increasing at a rapid pace for the past few years, owing to the ease of financing, rise in disposable income of customers, change in lifestyle, and increase in demand for single-family homes.
The highly competitive nature of the Europe silicone rubber market is compelling manufacturers to develop high performance products to gain an edge over other market players. Manufacturers are unlocking expansion opportunities in Germany, since this country is expected to dictate the highest revenue share among all countries in Europe. Automobile and transportation sectors are fueling the demand for silicon rubber products.
Manufacturers have been compelled to use efficient and low-emission materials in end-use industries, due to European Union’s (EU) new rules & regulations. R&D investments toward innovations in liquid silicone rubber are contributing to market growth. The European Center for Silicones (CES) concluded that silicone rubber is used by thousands of companies due to its versatility & ability to improve performance in a diverse range of final products whilst supporting jobs and stimulating innovation.
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Import and export of silicone rubber is projected to rise, owing to increase in shipment & demand trends during the coronavirus pandemic. Manufacturers are relying on local production capabilities to reduce dependence on other countries for raw materials and other products.
Manufacturers based in the Western Hemisphere have been making significant progress in the past few years to secure themselves against volatility in supply from Asia, and China in particular, by moving the bulk production to their respective countries. Such trends are anticipated to revive economic flow in the Europe silicone rubber market. Manufacturers are focusing on key industries such as construction, medical, and consumer products to establish stable revenue streams.
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The ever-evolving automotive industry is generating stable revenue streams for manufacturers in the Europe silicone rubber market. The industry uses silicone rubber in several applications, ranging from foam padding, tire additives, engine gaskets, and navigation displays. The high consistency silicone rubber holds potentials to withstand harsh operating conditions in various automotive systems and components.
The proliferation of electric vehicles and safer autonomous vehicles is acting as a key driver for the Europe silicone rubber market. Advanced silicone rubber for automotive applications is engineered to provide the finest combination of tear resistance and compression, set at high temperatures. Automakers place a high value on the quality and performance of rubber materials. Continuous sales of automobiles, marine vessels, aircrafts, and transformation of railways is an important indicator of expansion of the Europe silicone rubber market.
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Investments in green building programs, recycling of polymers, sustainability, and trends of circular economy are significantly changing the Europe silicone rubber market. In the construction of buildings, silicone rubber is utilized in concrete slabs and decks as well as in several interior parts such as baseboards and doors. The demand for silicone rubber is expected to increase in the near future due to the expansion of infrastructure and construction sectors.
The growing interest in 3D (3 dimensional) blueprints of construction projects, coupled with CAD (Computer Aided Design) outlines of buildings is helping to increase apartment sales. Such trends are translating into incremental opportunities for manufacturers in the Europe silicone rubber market, since silicone rubber is versatile in nature. The influx of augmented reality (AR) and virtual reality (VR) in order to offer actual look & feel of apartments is being preferred by buyers. Novelty in technology is transforming the Europe silicone rubber market.
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Attribute |
Detail |
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Market Size Value in 2020 |
US$ 1,469.46 Mn |
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Market Forecast Value in 2031 |
US$ 2,630.79 Mn |
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Growth Rate (CAGR) |
5.52% |
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Forecast Period |
2021-2031 |
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Quantitative Units |
US$ Mn for Value & Tons for Volume |
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Market Analysis |
It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
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Competition Landscape |
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Format |
Electronic (PDF) + Excel |
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Market Segmentation |
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Key Region Covered |
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Key Countries Covered |
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Key Companies Profiled |
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Customization Scope |
Available upon Request |
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Pricing |
Available upon Request |
Europe Silicone Rubber Market – Segmentation
TMR’s research study assesses the Europe silicone rubber market in terms of type, application, end-use industry, and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects for the Europe silicone rubber market.
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Europe Silicone Rubber Market is expected to reach US$ 2.6 Bn By 2031
Europe Silicone Rubber Market is estimated to rise at a CAGR of 5.6% during forecast period
Rise in demand for gasket & seals, adhesives & sealants, and coatings made from silicone rubber is expected to the drive the Europe silicone rubber market in the near future
Key players operating in the Europe silicone rubber market are KCC Corporation, Momentive Performance Materials, Zhejiang Xinan Chemical Industrial Group, Dow Inc., Wacker Chemie AG, Simtec Silicone Parts, Adopol, Elkem Silicones, MESGO S.p.A., Shin-Etsu Chemical Co, Reiss Manufacturing, Inc., Shenzhen Inno Silica Co., Ltd., Stockwell Elastomerics, Inc., Zhongshan Tinhou Plastic Industrial Co., Ltd, and Innovative Silicones.
Electronics, Aerospace, Construction, Medical, Automotive, Consumer Products are the end-use segments in the Europe Silicone Rubber Market
1. Executive Summary
1.1. Silicone Rubber Market Snapshot
1.2. Key Market Trends
1.3. Current Market and Future Potential
1.4. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Market Indicators
2.3. Market Definitions
2.4. Market Dynamics
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities
2.5. Porter’s Five Forces Analysis
2.6. Value Chain Analysis
2.6.1. List of Raw Material Providers
2.6.2. List Silicone Rubber Manufactures
2.6.3. List of Potential Customer
3. COVID-19 Impact Analysis
4. Silicone Rubber Market Production Outlook
5. Silicone Rubber Price Trend Analysis, 2020–2031
5.1. By Type
5.2. By End-use industry
5.3. By Region
6. Silicone Rubber Market Analysis and Forecast, by Type, 2020–2031
6.1. Introduction and Definitions
6.2. Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031
6.2.1. Liquid Silicone Rubber
6.2.2. High Temperature Vulcanized
6.2.3. Room Temperature Vulcanized
6.2.4. Fluorosilicone Rubber
6.3. Silicone Rubber Market Attractiveness, by Type
7. Silicone Rubber Market Analysis and Forecast, by End-use industry, 2020–2031
7.1. Introduction and Definitions
7.2. Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Application, 2020–2031
7.2.1. Gasket & Seals
7.2.2. Adhesives &Sealants
7.2.3. Coatings
7.2.4. Encapsulants
7.2.5. Catheters & Tubing
7.3. Silicone Rubber Market Attractiveness, by Application
8. Silicone Rubber Market Analysis and Forecast, by End-use industry, 2020–2031
8.1. Introduction and Definitions
8.2. Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by End-use industry, 2020–2031
8.2.1. Electronics
8.2.2. Aerospace
8.2.3. Construction
8.2.4. Medical
8.2.5. Automotive
8.2.6. Consumer Products
8.3. Silicone Rubber Market Attractiveness, by End-use industry
9. Silicone Rubber Market Analysis and Forecast, by Region, 2020–2031
9.1. Key Findings
9.2. Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Region, 2020–2031
9.2.1. Europe
9.2.1.1. Germany
9.2.1.2. France
9.2.1.3. U.K.
9.2.1.4. Italy
9.2.1.5. Spain
9.2.1.6. Russia & CIS
9.2.1.7. Rest of Europe
9.3. Silicone Rubber Market Attractiveness, by Region
10. Europe Silicone Rubber Market Analysis and Forecast, 2020–2031
10.1. Key Findings
10.2. Europe Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031
10.3. Europe Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by End-use industry, 2020–2031
10.4. Europe Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031
10.4.1. Germany Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031
10.4.2. Germany Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by End-use industry, 2020–2031
10.4.3. France Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031
10.4.4. France Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by End-use industry, 2020–2031
10.4.5. U.K. Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031
10.4.6. U.K. Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by End-use industry, 2020–2031
10.4.7. Italy Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031
10.4.8. Italy Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by End-use industry, 2020–2031
10.4.9. Spain Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031
10.4.10. Spain Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by End-use industry, 2020–2031
10.4.11. Russia & CIS Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031
10.4.12. Russia & CIS Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by End-use industry, 2020–2031
10.4.13. Rest of Europe Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by Type, 2020–2031
10.4.14. Rest of Europe Silicone Rubber Market Volume (Tons) and Value (US$ Mn) Forecast, by End-use industry, 2020–2031
10.4.15. Europe Silicone Rubber Market Attractiveness Analysis
11. Competition Landscape
11.1. Silicone Rubber Company Market Share Analysis, 2020
11.2. Competition Matrix
11.3. Market Footprint Analysis
11.3.1. By Type
11.3.2. By Application
11.3.3. By End-use industry
11.4. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
11.4.1. KCC Corporation
11.4.1.1. Company Description
11.4.1.2. Business Overview
11.4.1.3. Financial Details
11.4.1.4. Strategic Overview
11.4.2. Momentive Performance Materials
11.4.2.1. Company Description
11.4.2.2. Business Overview
11.4.3. Zhejiang Xinan Chemical Industrial Group
11.4.3.1. Company Description
11.4.3.2. Business Overview
11.4.3.3. Financial Details
11.4.3.4. Strategic Overview
11.4.4. The Dow Chemical Company
11.4.4.1. Company Description
11.4.4.2. Business Overview
11.4.4.3. Financial Details
11.4.4.4. Strategic Overview
11.4.5. Wacker Chemie AG
11.4.5.1. Company Description
11.4.5.2. Business Overview
11.4.5.3. Financial Details
11.4.5.4. Strategic Overview
11.4.6. Simtec Silicone Parts
11.4.6.1. Company Description
11.4.6.2. Business Overview
11.4.7. Adopol
11.4.7.1. Company Description
11.4.7.2. Business Overview
11.4.7.3. Strategic Overview
11.4.8. Elkem
11.4.8.1. Company Description
11.4.8.2. Business Overview
11.4.8.3. Strategic Overview
11.4.9. Shin-Etsu Chemical Co.
11.4.9.1. Company Description
11.4.9.2. Business Overview
11.4.9.3. Strategic Overview
11.4.10. Reiss Manufacturing, Inc.
11.4.10.1. Company Description
11.4.10.2. Business Overview
11.4.10.3. Financial Details
11.4.10.4. Strategic Overview
11.4.11. Shenzhen Inno Silica Co., Ltd.
11.4.11.1. Company Description
11.4.11.2. Business Overview
11.4.11.3. Strategic Overview
11.4.12. Stockwell Elastomerics, Inc
11.4.12.1. Company Description
11.4.12.2. Business Overview
11.4.12.3. Strategic Overview
11.4.13. Innovative Silicones
11.4.13.1. Company Description
11.4.13.2. Business Overview
11.4.13.3. Strategic Overview
11.4.14. Zhongshan Tinhou Plastic Industrial Co., Ltd
11.4.14.1. Company Description
11.4.14.2. Business Overview
11.4.14.3. Strategic Overview
12. Primary Research: Key Insights
13. Appendix
List of Tables
Table 1: Europe Silicone Rubber Market Volume (Tons) Forecast, by Type, 2020–2031
Table 2: Europe Silicone Rubber Market Value (US$ Mn) Forecast, by Type, 2020–2031
Table 3: Europe Silicone Rubber Market Volume (Tons) Forecast, by End-use industry, 2020–2031
Table 4: Europe Silicone Rubber Market Value (US$ Mn) Forecast, by End-use industry, 2020–2031
Table 5: Europe Silicone Rubber Market Volume (Tons) Forecast, by Country and Sub-region, 2020–2031
Table 6: Europe Silicone Rubber Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020–2031
Table 7: Germany Silicone Rubber Market Volume (Tons) Forecast, by Type, 2020–2031
Table 8: Germany Silicone Rubber Market Value (US$ Mn) Forecast, by Type, 2020–2031
Table 9: Germany Silicone Rubber Market Volume (Tons) Forecast, by End-use industry, 2020–2031
Table 10: Germany Silicone Rubber Market Value (US$ Mn) Forecast, by End-use industry, 2020–2031
Table 11: France Silicone Rubber Market Volume (Tons) Forecast, by Type, 2020–2031
Table 12: France Silicone Rubber Market Value (US$ Mn) Forecast, by Type, 2020–2031
Table 13: France Silicone Rubber Market Volume (Tons) Forecast, by End-use industry, 2020–2031
Table 14: France Silicone Rubber Market Value (US$ Mn) Forecast, by End-use industry, 2020–2031
Table 15: U.K. Silicone Rubber Market Volume (Tons) Forecast, by Type, 2020–2031
Table 16: U.K. Silicone Rubber Market Value (US$ Mn) Forecast, by Type, 2020–2031
Table 17: U.K. Silicone Rubber Market Volume (Tons) Forecast, by End-use industry, 2020–2031
Table 18: U.K. Silicone Rubber Market Value (US$ Mn) Forecast, by End-use industry, 2020–2031
Table 19: Spain Silicone Rubber Market Volume (Tons) Forecast, by Type, 2020–2031
Table 20: Spain Silicone Rubber Market Value (US$ Mn) Forecast, by Type, 2020–2031
Table 21: Spain Silicone Rubber Market Volume (Tons) Forecast, by End-use industry, 2020–2031
Table 22: Spain Silicone Rubber Market Value (US$ Mn) Forecast, by End-use industry, 2020–2031
Table 23: Italy Silicone Rubber Market Volume (Tons) Forecast, by Type, 2020–2031
Table 24: Italy Silicone Rubber Market Value (US$ Mn) Forecast, by Type, 2020–2031
Table 25: Italy Silicone Rubber Market Volume (Tons) Forecast, by End-use industry, 2020–2031
Table 26: Italy Silicone Rubber Market Value (US$ Mn) Forecast, by End-use industry, 2020–2031
Table 27: Russia & CIS Silicone Rubber Market Volume (Tons) Forecast, by Type, 2020–2031
Table 28: Russia & CIS Silicone Rubber Market Value (US$ Mn) Forecast, by Type, 2020–2031
Table 29: Russia & CIS Silicone Rubber Market Volume (Tons) Forecast, by End-use industry, 2020–2031
Table 30: Russia & CIS Silicone Rubber Market Value (US$ Mn) Forecast, by End-use industry, 2020–2031
Table 31: Rest of Europe Silicone Rubber Market Volume (Tons) Forecast, by Type, 2020–2031
Table 32: Rest of Europe Silicone Rubber Market Value (US$ Mn) Forecast, by Type, 2020–2031
Table 33: Rest of Europe Silicone Rubber Market Volume (Tons) Forecast, by End-use industry, 2020–2031
Table 34: Rest of Europe Silicone Rubber Market Value (US$ Mn) Forecast, by End-use industry, 2020–2031
List of Figures
Figure 1: Europe Silicone Rubber Market Attractiveness Analysis, by Country and Sub-region
Figure 2: Europe Silicone Rubber Market Share Analysis, by Type
Figure 3: Europe Silicone Rubber Market Attractiveness Analysis, by Type
Figure 4: Europe Silicone Rubber Market Share Analysis, by End-use industry
Figure 5: Europe Silicone Rubber Market Attractiveness Analysis, by End-use industry
Figure 6: Europe Silicone Rubber Market Share Analysis, by Country and Sub-region
Figure 7: Europe Silicone Rubber Market Attractiveness Analysis, by Country and Sub-region
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Europe Silicone Rubber Market
